BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR MOTORCYCLES INDUSTRY
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Germany is one of the central, time-honoured and leading countries in the motorcycle industry. It is particularly relevant to the global and European divisions of the sector. It is because of the state’s comprehensive and high-value industry-related segment. For example, its retail and repair service segment features more than 4 900 enterprises. They have contributed to a year-on-year turnover rate that has reached 5 800 000 000 EUR in recent years. Likewise, its on-road motorcycle retail segment has reached yearly market volumes of 2 100 000 000 EUR in recent years. This is due to the popularity of the motorcycle as a transportation mode. It applies particularly to reaching long-distance destinations. It has resulted in such vehicles being extensively manufactured and retailed in the country. For example, the segment is anticipated to reach unit retail volumes of up 267 500 in the upcoming years. It is likewise projected to continue its growth and development at a CAGR of 4.26% during the same period. This is due to several leading causes. Among them is the segment’s primary focus on developing innovative solutions. It enables it to adjust to the latest requirements. The sector generally presents its most recent innovations during annual and biannual trade expos. Such exhibitions are attended by hundreds of thousands of participants.